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and i'm not just talking about defense. think retail. if we go over the cliff, something that i have been telling you as of this weekend. that will deal a huge blow to the purchases power of most americans think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. unemployment benefits expire for most people and that is not even accounting for the layoffs. put it together, unless we get a deal, which won't be bad news for the single biggest consumer out there, retail. >> you would expect the whole retail cohort to be in trouble. things will get a whole lot worse. two weeks ago we got retail sales that showed a 3% decline. last friday's gdp indicated that it had decelerated to 1.4%. incomes are flat and hurricane sandy shut down the northeast for days and in some cases for weeks. even though we have had positive numbers from companies like home dep depot, the group would be flat lining. yet that hasn't been happening. it is shown by the rth, the market vectovector's retail num. it has been showing very well. that is wh
and i'm not just talking about defense. think retail. if we go over the cliff, something that i have been telling you as of this weekend. that will deal a huge blow to the purchases power of most americans think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. unemployment benefits expire for most people and that is not even accounting for the layoffs. put it together, unless we get a deal, which won't be bad news for the single biggest consumer out there,...
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Dec 5, 2012
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not the obvious ones like defense. given the defense budget will be cut dramatically if our leaders don't reach a compromise, take retail. if we go over the cliff, something i've been telling you as of this week, more likely by the day, not less, that will deal a huge blow it purchasing power of most americans. think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. [ buzzer ] unemployment benefits expire for most people -- [ baby crying ] and that's is not even accounting for the layoffs. that's just being cautious. put it together, unless we get a deal, which won't be bad news for the single biggest consumer play out there, which is retail. so even though we're having a real good holiday shopping season that we're seeing so far. pbh told us that. you expect retail to be in trouble. once the holidays ends, things can get a whole lot worse. not just the fiscal cliff. two weeks ago aggregate retail sales that showed a 3% decline. last friday's gdp indicated that growth and personal consumption dec
not the obvious ones like defense. given the defense budget will be cut dramatically if our leaders don't reach a compromise, take retail. if we go over the cliff, something i've been telling you as of this week, more likely by the day, not less, that will deal a huge blow it purchasing power of most americans. think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. [ buzzer ] unemployment benefits expire for most people -- [ baby crying ] and that's is not...
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>> yes. >> australian defense minister. whatever you down there. is warning people, dent use apple maps. it could be fatal. some people got lost in a national park. >> right. giving incomplete instructions. >> right. left at the dingo, right at the crocodile. they were getting stuck. australian police said don't use apple maps, they are dangerous. which is just bizarre. >> it is bizarre. feels like it is a little dire. in terms after warning. >> yeah. if you're under a national park in the outskirts, you're not in the hard streets of melbourne. >> people get lost in those national parks all the time. i get lost in them. follow the national dingos. follow the ants. they are going to water. >> maybe the dingo ate your lunch. >> i'm stopping there. >>> there is a concern that apps aimed at kids may track and store information about them without letting parents know. julia has been following this story for us from los angeles, and she is a mother also. julia, tell us more. >> well, mandy, the title of the fdc's new report says it all. the report is cal
>> yes. >> australian defense minister. whatever you down there. is warning people, dent use apple maps. it could be fatal. some people got lost in a national park. >> right. giving incomplete instructions. >> right. left at the dingo, right at the crocodile. they were getting stuck. australian police said don't use apple maps, they are dangerous. which is just bizarre. >> it is bizarre. feels like it is a little dire. in terms after warning. >> yeah. if...
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as such, there's an opportunity to be defensive. look for some of those lower beta strategies. look for the defense sectors. >> in the meantime, it is pretty clear the markets are anticipating we're not going to go over this cliff, isn't it? >> yeah, they sure are. i'm surprised to see the level of optimism that congress is going to come to some resolution here. i think it's scary there's no plan "b." i kind of have three ideas of my own. the first one is let's get real, folks. if everybody on wall street thinks something is going to happen, there's a good possibility the opposite is going to happen. to me, i think it's a good time to maybe take a little money off the table, go to a little cash. the second thing is, when this market -- if we go into january without a deal, we could see a market drop on a level of what happened in 2008 when we failed to come to a t.a.r.p. agreement. 30% the market lost. >> that was a 700-point selloff. >> just like that. >> so joe, what do you think about that? i know you're saying, look, don't freak out, stay calm, assess the situation. but wha
as such, there's an opportunity to be defensive. look for some of those lower beta strategies. look for the defense sectors. >> in the meantime, it is pretty clear the markets are anticipating we're not going to go over this cliff, isn't it? >> yeah, they sure are. i'm surprised to see the level of optimism that congress is going to come to some resolution here. i think it's scary there's no plan "b." i kind of have three ideas of my own. the first one is let's get real,...
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they're not taking the type of defensive, decisive action. if we get a downgrade and if this happens, it will be terrible for the market. that's what's potentially on the market, if we don't make a deal in washington. >> scott, let me ask you again how you want to allocate capital then in that environment. i know george young is with us again, joining the conversation. i want to ask you the same question. go ahead, scott. how are you investing right now? >> maria, i think the best way forward is the way it's worked since the bottom of the market in 2009. risk assets are where it's at. the fed is very supportive. the consumer is back and engaged. housing is getting better. the fiscal cliff is actually constructive from the standpoint it causes people to come together and compromise because going over the cliff while we may do it for a short time period is not beneficial to anybody. it hurts everybody. >> so risk assets being, what, technology? what does that mean, technology? >> not necessarily. we would stay with dividend payers. we would als
they're not taking the type of defensive, decisive action. if we get a downgrade and if this happens, it will be terrible for the market. that's what's potentially on the market, if we don't make a deal in washington. >> scott, let me ask you again how you want to allocate capital then in that environment. i know george young is with us again, joining the conversation. i want to ask you the same question. go ahead, scott. how are you investing right now? >> maria, i think the best...
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hasn't heard as much from defense. you are from a state that relies on that defense budget. it will get cut substantially. where does defense end up if we do get a deal? >> everybody wants to avoid sequestration. lots of my friends in the defense industry say don't do sequestration. do simpson-bowles indicating they have not read simpson-bowles because it was almost as high as sequestration in the top number. the numbers are roughly within the budget control act over ten years about $480 billion of defense cuts. sequestration almost doubles that. i think you'll see something north of 480 billion. substantially lower than that 950. what folks in defense industry have said is in addition to giving us a number, give us the ability to plan. one of the things that hobbles our defense industry more than anything is the absurd way we have run the federal government on three and six-month continuing resolutions. give us a window to plan and any legitimate business can plan against the budget. give us that number. >> some see that debt limit control being taken away from congress as
hasn't heard as much from defense. you are from a state that relies on that defense budget. it will get cut substantially. where does defense end up if we do get a deal? >> everybody wants to avoid sequestration. lots of my friends in the defense industry say don't do sequestration. do simpson-bowles indicating they have not read simpson-bowles because it was almost as high as sequestration in the top number. the numbers are roughly within the budget control act over ten years about $480...
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this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie windsor who married her partner in canada. the partner died and left edie the estate. the federal government said we can't recognize you as married. the irs says you're not married as far as we're concerned she got hit with a tax bill of $363,000. >> we'll leave it there. many thanks. nbc's pete williams. now let's get right to our panel tonight. democratic strategic jimmy williams. wabz radio talk show host mark seimone and washington times opinion writer cari picket. we have a number of topics to chew on this evening. let's begin with the breaking news out of the scouupreme cour and a legal challenge major implications for federal and private benefit payments. cari, let me go to you first and get your first reaction to this. federal versus state. constitutional liberty and rights. the end of the doma act.
this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie windsor who married her partner in canada. the partner died and left edie the estate. the federal government said we can't recognize you as married. the irs says you're not married as far as we're concerned...
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>> for the next month, i have defensively positioned. what's worked in an environment where the fed is monetizing debt is stocks with bond like characteristics. it looks most like the bond market so that's what we're in. >> defensive stocks? >> yeah. utilities, health care and there is a portion of the market we would like to buy. the capital spending sensitive part, which has been the weakest bit. enterprise tack and industrial. but only on a correction that forces the politicians into what we describe as a good deal. >> so you don't do any of that now? >> no. for me, the market is in the wrong place given the massive deceleration and earnings we've seen and it's unlikely to change very much next year. and so this persistent fed making it more and more difficult to manage fixed income portfolios is probably going to affect that part of the stock market and keep a bid to it. but the more cyclical parts, i don't see them getting out of their own way for some time. >> did you already tell us you like small caps? >> wall street is now recom
>> for the next month, i have defensively positioned. what's worked in an environment where the fed is monetizing debt is stocks with bond like characteristics. it looks most like the bond market so that's what we're in. >> defensive stocks? >> yeah. utilities, health care and there is a portion of the market we would like to buy. the capital spending sensitive part, which has been the weakest bit. enterprise tack and industrial. but only on a correction that forces the...
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case, very bold statement there, to someone whose company will be decimated by the spending cuts to defense companies. you do not want to miss this confrontation. ricans are alwayso work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> pretty clear apple stock is having its worst week in more than two years. let's get to bertha coombs with the details. >> tough end of the week ear. it's apple's horrible, awful week. today's decline saw shares hit a real technical weak point, the so-called death cross. that's where the 50-day moving average, the top line in yellow, crossed below the orange line. that's the 200-day moving average. according to the spoke investment group, the last time that happened in september 2008, shares didn't bottom until januar
case, very bold statement there, to someone whose company will be decimated by the spending cuts to defense companies. you do not want to miss this confrontation. ricans are alwayso work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global...
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it's defense cuts and tax hikes. we're compromising with someone who doesn't want to compromise. he likes that stuff. i know he doesn't want to raise taxes on the middle class. but we have to give up everything in this deal. we should articulate our principles or give him what he wants. we're going to vote present and say -- >> boehner's doing the best he can. he's playing a short deck right now. >> you really think he's the best spokesman for conservatism. >> no, no. >> we should put a paul ryan -- we need younger leadership. >> paul ryan came out publicly in support of boehner. that's point number one. secondly, boehner jumped ryan over more senior people to put him as head of the budget committee. that's my second point. and boehner himself is being advised by ryan every step of the way. >> what do you say about this purge then? he's purging people that wants to balance the budget. >> you lost, ron. don't blame boehner. blame the republican party. blame conservatives. jim demint said it today. the conservative message has got to get out more publicly and that's why he's going
it's defense cuts and tax hikes. we're compromising with someone who doesn't want to compromise. he likes that stuff. i know he doesn't want to raise taxes on the middle class. but we have to give up everything in this deal. we should articulate our principles or give him what he wants. we're going to vote present and say -- >> boehner's doing the best he can. he's playing a short deck right now. >> you really think he's the best spokesman for conservatism. >> no, no. >>...
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two million jobs lost, big increases in taxes, defense budget cut. host of tax incentives disappearing? does that make you optimistic? i think you sound like an idiot if you're optimistic. if i were a ceo who reports after the cliff jump, i would say i'm thinking about laying off people because of lack of demand. because the despite the more rosy prognosticators who are surfacing, there's too much data that shows we will go into a recession from the sudden and worrisome bout of washington-administered austerity. bad guidance equals lower prices. second, while there are many onerous elements, the ones that receive the least attention might be the worst of them. the possibility that 30 million americans will be thrown into this alternative minimum tax scheme. i don't pay it but boy, i don't like it. the amt is an arcane tax, unlike payroll tax withholding, won't be visible to those it has ensnared until the end of the year. it could cause the average taxpayer to pay an additional $3,000 when she least expects it. talk about a nightmare. finally i'm wor
two million jobs lost, big increases in taxes, defense budget cut. host of tax incentives disappearing? does that make you optimistic? i think you sound like an idiot if you're optimistic. if i were a ceo who reports after the cliff jump, i would say i'm thinking about laying off people because of lack of demand. because the despite the more rosy prognosticators who are surfacing, there's too much data that shows we will go into a recession from the sudden and worrisome bout of...
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. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last thing we need if you run a company. i understand you have a horse in the game. >> but you also have the double trigger. if you go over the cliff, we've got the debt ceiling fight right afterwards. it's not like that's six months down the line. that's in if first month, six weeks of the new year. >> the other thing, depending on where you stand, the idea that we just get rid of congressional approval of the debt ceiling at all, which is that ludicrous proposal that was in the president's plan. that's not -- and would you really want that? would you really want not having any more oversight over whether we keep raising the debt? >> but there's also a compromise that's potentially there on that as well. >>
. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last thing we need if you run a company. i understand you have a horse in the game. >> but you also have the double...
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>> i think people have to be defensive in the short term. there will be a lot of rancor on both sides. so within the next month or so, as the fiscal cliff debate developments, there is limited up side for interest rates and it's hard to see stocks moving much higher. >> so let's suppose we get an agreement. that should increase confidence. does that mean the economy performs better next year than we expect and then what's the feed through from that? >> yeah, i think while we're now focused on a lot of the down side risks not only from the fiscal cliff but obviously also from the eurozone crisis, we may have overlooked some of these up side potential for next year. so if we get a favorable resolution for the fiscal cliff, i think we can see interest rates move up quite sharply. that would be because expectations for growth could be much higher, so if growth is around the 2% in the first half of the year, we could be haufing over the 3% range in the second half of the rear. that would mean higher interest rates and that could be a very poor re
>> i think people have to be defensive in the short term. there will be a lot of rancor on both sides. so within the next month or so, as the fiscal cliff debate developments, there is limited up side for interest rates and it's hard to see stocks moving much higher. >> so let's suppose we get an agreement. that should increase confidence. does that mean the economy performs better next year than we expect and then what's the feed through from that? >> yeah, i think while...
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>> safer: all of which proves that whether you're on wall street or main street, brain power is no defense against conmen. in fact, smart guys may be the biggest suckers of all. >> as someone who does sleight of hand for a living, to me, the ideal audience would be scientists or nobel prize winners who are incredibly smart in their one area, and often-- often, not always--have an ego with them which says, "i am really smart so i can't be fooled." no one is easier to fool. so, morley, i'm gonna play you one hand of blackjack with certain propositions that make it too good to be true. >> safer: and so, determined not to be conned by him again, i sat down for a friendly card game with mister jay. >> you win all ties. >> safer: the rules were all stacked in my favor. i got 20. he showed a 9, meaning, i thought, it was impossible for him to win. >> and, god, the only thing that could beat you would be is if i had a 12 or something. which i do--see? i have--i have a 12 of clubs. so i have 21 to your 20. >> safer: but there's no such thing as a 12 of clubs, right? wrong. not only did mister jay m
>> safer: all of which proves that whether you're on wall street or main street, brain power is no defense against conmen. in fact, smart guys may be the biggest suckers of all. >> as someone who does sleight of hand for a living, to me, the ideal audience would be scientists or nobel prize winners who are incredibly smart in their one area, and often-- often, not always--have an ego with them which says, "i am really smart so i can't be fooled." no one is easier to fool....
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they'll know how much defense spending will be, they'll know what the human services cuts are. we've got certainty. >> yeah. >> my fear is they kick the can down the road and they'll get half the deficit reduction and then half of that will be funny money. >> exactly. they'll do 500,000, go up 2% and a couple of loopholes and put off cuts in defense and sequester. >> and you'll be right back here in another six or eight months. i think we ought to take the medicine and have certainty. >> going over the cliff can we all that rising above or do i need a new button, howard? >> this is the bipartisan compromise that was made and both parties can't back out of it and let's get the damn thing done and move on. >> all right, scary. >> scary, because you agree with me, joe. >> that's what i'm saying. that's what i'm saying. that's what i'm saying. anyway, we -- it -- funny the way you go out far enough on both sides and you end up -- >> it does bring certainty and the certainty that we'll be in worse shape than we even are today. >> i think einstein said that, howard, you come out far
they'll know how much defense spending will be, they'll know what the human services cuts are. we've got certainty. >> yeah. >> my fear is they kick the can down the road and they'll get half the deficit reduction and then half of that will be funny money. >> exactly. they'll do 500,000, go up 2% and a couple of loopholes and put off cuts in defense and sequester. >> and you'll be right back here in another six or eight months. i think we ought to take the medicine and...
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. >> in defense of the texting masses, i think it is brilliant. we're able to talk to each other a lot more than we used to be able to. we can tell people when we're going to be late, when we're going to be early. >> i agree with that! >> it's better than talking! it's communicating. >> it's better than talking? >> i agree with that. but people don't even look up anymore. they're always down like this. >> the average 15-year-old sends 195 texts a week. >> just look up every once in a while if you text or you're going to hurt yourself. >>> disney's new fantasyland, the largest expansion in the magic kingdom's 41-year history opens this week with new interactive rides and attractions inspired by the animated classics but also like "the little mermaid" and beauty and the beast." john carney, your little ones are going to love it. >> i have never been to a disney theme park in my entire life. >> are you kidding snee. >> never in my life. i asked my mother, what, did we hate disney? she says you guys just weren't that into it. i don't know if i'll ever
. >> in defense of the texting masses, i think it is brilliant. we're able to talk to each other a lot more than we used to be able to. we can tell people when we're going to be late, when we're going to be early. >> i agree with that! >> it's better than talking! it's communicating. >> it's better than talking? >> i agree with that. but people don't even look up anymore. they're always down like this. >> the average 15-year-old sends 195 texts a week....
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i don't like one of the defensive line guys that gets fired by the eagles. does he get to fly back from texas? we would fire these guys where they are, when they are on vacation. no. they get to take vacation without finishing their project. >> a couple good poll numbers out today. abc/"the washington post" if we went off people would blame gop by two to one margin and then the pew poll. 49% do not believe a deal will be reached. 40% say a deal will be reached. >> i just know that if you're a republican, there's a primary. if you are going to run in that primary going forward, you'll have no problem provided you pledge to norquist not to raise taxes and you don't. these guys don't worry about primaries. they don't care about what the republicans -- they don't even think themselves as republicans. they think of themselves as anti-tax people. and they feel they pledged to their constituents that they're won't be any tax. that's all they care about. >> they're $800 billion plus into a deal. >> i guess the gap has been -- >> right. it's been narrowed. >> every o
i don't like one of the defensive line guys that gets fired by the eagles. does he get to fly back from texas? we would fire these guys where they are, when they are on vacation. no. they get to take vacation without finishing their project. >> a couple good poll numbers out today. abc/"the washington post" if we went off people would blame gop by two to one margin and then the pew poll. 49% do not believe a deal will be reached. 40% say a deal will be reached. >> i just...
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defense here. you can still make it. it gives the opportunity to at least make a final defense so to speak as to why they shouldn't take action. we'll see what that defense is when mr. hastings -- we have a sense for it given what they wrote yesterday. >> i'm sure it will be closely watched. we should be clear that we didn't see too much reaction in the stock for good reason. this is really a slap on the wrist in the scheme of things. this will be closely watched because i'm sure other companies will want to know whether if they tweet something, is that fair disclosure. if they use facebook and that will have ramifications in terms of how companies choose to share information with investors. the other point that it raises just thinking about information that can move the markets, this is separate from the s.e.c. in a wells notice, there are many days where we have economic data that is released and it is released a few minutes beforehand to subscribers to that service. is that fair? that's not the s.e.c.'s purview but it
defense here. you can still make it. it gives the opportunity to at least make a final defense so to speak as to why they shouldn't take action. we'll see what that defense is when mr. hastings -- we have a sense for it given what they wrote yesterday. >> i'm sure it will be closely watched. we should be clear that we didn't see too much reaction in the stock for good reason. this is really a slap on the wrist in the scheme of things. this will be closely watched because i'm sure other...
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manti te'o is the first defensive winner since 1980. heisman is handed out saturday night in new york city. in the running, collin klein, johnny ma johnny manziel and manti te'o. >> coming up, it's jobs friday. people know that. so that means time for predictions from our guest hosts. but first, the world's largest cut stone on display. called the dom pedro gem. more than a foot tall. weighs nearly five pounds. [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grounipping at fedex office. made a retirement plan, they c
manti te'o is the first defensive winner since 1980. heisman is handed out saturday night in new york city. in the running, collin klein, johnny ma johnny manziel and manti te'o. >> coming up, it's jobs friday. people know that. so that means time for predictions from our guest hosts. but first, the world's largest cut stone on display. called the dom pedro gem. more than a foot tall. weighs nearly five pounds. [ penélope ] i found the best cafe in the world. nespresso. where i never...
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paychecks are going to go down, a million layoffs in the defense industry. no one seems to care right now. it's bad. >> you know what we have going for us? the grid, december 17 announced -- on a seasonal basis, they have reiterated once again that it doesn't have the demand to be sold year round, but starting a week from monday. >> i don't buy that. i think they do it because whenever they have mcrib, they're just fighting traffic for mcrib. there are places in the world where the mcrib is on the menu all the time. in case you're there on your vacation. >> i'm learning here all the time. i'm always learning. >> switch from the bacon cheese-inator. [ bell rings ] . >> celebrating the ground breaking of hotels in new york. we'll be speaking to the ceo in this hour. >> whitehorse is an interesting story. >> white house, delayed over at the nasdaq, the new york stock exchange puts out a release reiterating 16 companies have announced or moved to the big board so for this year. you're starting to wonder who would go public on the nasdaq. >> still waiting for the
paychecks are going to go down, a million layoffs in the defense industry. no one seems to care right now. it's bad. >> you know what we have going for us? the grid, december 17 announced -- on a seasonal basis, they have reiterated once again that it doesn't have the demand to be sold year round, but starting a week from monday. >> i don't buy that. i think they do it because whenever they have mcrib, they're just fighting traffic for mcrib. there are places in the world where the...
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we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary, and if you cut benefits, you lose everywhere, no matter republican or democrat. everybody knows that. dic dicey. >> running for higher taxes? i mean, look, i'm not pro -- i think that frits van paasschen who has a big bet on china, he laid it out. he said we need both. i was listening to cody from honeywell, it's a dangerous position to want both tax increases and entitlement cuts. i hear very few politicians wanting to do that. >> speaking of china, by the way, mostly upbeat data out of china. 10.1% in november, strongest since march. exports rose at a weaker pace. the planned resignation of italian prime minister mario
we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary,...
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Dec 6, 2012
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moving along, reducing non-defense spending and come down to the least acceptable thing for everybody involved is reducing medicare spending. you want to know how to fix the fiscal cliff? you have to raise taxes on those 250 above and cap deductions and a cap in deductions on everybody loon looks to be marginally acceptable. we'll have a chance to talk about that chart later but i hear you have some interesting guests on this issue coming up. >> we're talking about that chart and will catch you up later. also the joint economic committee will hold a hearing on the fiscal cliff. can congress come up with a compromise before the looming deadline? senator robert casey and jec vice chairman tom brady joins us from texas. thank you for being here. you have a lot of things happening behind the scenes. senator casey, i know you have said what we're watching is a lot of drama and probably taking our eye off the ball in terms of what's happening. can you tell us if there's progress being made behind the scenes? >> i think there's a little bit too much attention paid to the back and forth every
moving along, reducing non-defense spending and come down to the least acceptable thing for everybody involved is reducing medicare spending. you want to know how to fix the fiscal cliff? you have to raise taxes on those 250 above and cap deductions and a cap in deductions on everybody loon looks to be marginally acceptable. we'll have a chance to talk about that chart later but i hear you have some interesting guests on this issue coming up. >> we're talking about that chart and will...
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because they were -- i mean, they got a great defensive line, they sacked toney romo. they had him under pressure. a.j. green, who is great, dropped a bunch of passes and they had about three or four dropped interceptions that would have turned it around. they didn't convert some third -- i watched the whole game and as i said, it was devastating for just a regular season games. >> i've been a bengals fan, seriously, since ken anderson. >> gregg cook. >> yeah, craig cook from the university of cincinnati. i remember those guys. i loved them. bob trumping, chris collinsworth. john harwood, thank you. and i was happening that rg3, no real damage, hopefully. comments, questions on anything you see here on squawk, e-mail us, squawk@cnbc.com. >>> still to come, one of the most cited voices since the fiscal cliff, erskine bowles. he he loves the rise above. first, we're going to head to the futures pits in chicago and see which stories are most likely to drive today's trading. as we head to break, some of santa's friends dawned swimsuits this weekend to take part in the sant
because they were -- i mean, they got a great defensive line, they sacked toney romo. they had him under pressure. a.j. green, who is great, dropped a bunch of passes and they had about three or four dropped interceptions that would have turned it around. they didn't convert some third -- i watched the whole game and as i said, it was devastating for just a regular season games. >> i've been a bengals fan, seriously, since ken anderson. >> gregg cook. >> yeah, craig cook from...
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an absolute defense to defamation is the truth. and so therefore if her statements were true, she's protected. i think the underlying goal of this company is to chill this in the future. meaning, if other people want to write things about them, true or not, they're going to say wasn't that woman sued for all of this money? i'm not going to express my opinion. and that i think is the ultimate goal. but defamation cases very, very tough to prove. >> but can businesses, they really can't protect themselves from whatever somebody chooses to do online. >> do good work. >> right. but not everyone does good work. >> right. ultimately businesses can protect themselves. but here's the problem, the problem is that, look, everyone has an opinion. and if you do something that's not up to par, doesn't meet quality, it's shot ty, people ae going to write nasty things about you. you have to hold people accountable if they misrepresent factually those things. and if in this
an absolute defense to defamation is the truth. and so therefore if her statements were true, she's protected. i think the underlying goal of this company is to chill this in the future. meaning, if other people want to write things about them, true or not, they're going to say wasn't that woman sued for all of this money? i'm not going to express my opinion. and that i think is the ultimate goal. but defamation cases very, very tough to prove. >> but can businesses, they really can't...
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how will you get that bomber aircraft past syrian air defenses? and i think it's safe to assume the neighboring countries, israel, turkey, jordan, their intelligence services also working this problem around the clock. there is a lot we know. there is growing concern by the hour, in the region, because if the syrians use these kind of weapons against their own people, catastrophic. but if they also use them, these weapons, the plume clouds, if you will, can cross borders, terrorists could get ahold of this kind of material if it's now out of secure locations and take it across borders into israel, jordan or turkey. it just doesn't get more serious than this. >> bob, you've been looking into how catastrophic these weapons could be. >> anderson, look at it this way, 122-millimeter artillery round with mixed sarin landing in the middle of a city will immediately kill 18,000 to 20,000 people. and that's in the first seconds. >> one round? >> one round. and the dispersion on that could be -- depends on the wind. but you could take out a city like homs.
how will you get that bomber aircraft past syrian air defenses? and i think it's safe to assume the neighboring countries, israel, turkey, jordan, their intelligence services also working this problem around the clock. there is a lot we know. there is growing concern by the hour, in the region, because if the syrians use these kind of weapons against their own people, catastrophic. but if they also use them, these weapons, the plume clouds, if you will, can cross borders, terrorists could get...
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>> just on the defense sector alone, you're looking at $55 billion in cuts just to the defense budget. you have to look at the ancillary part of this. you look at real estate holdings, homes that are have a close proximity to defense. >> final question for you, todd, a major confusion going on here, it's about this so-called $250,000 there are hold for house holds, does this mean that all of the first $250,000 that you make is taxed at a higher rate, or just the money above $250,000? >> it's actually your taxable income. according to irs data, you will actually see that people that are earning $250,000 actually are itemizing up to $20,000. so in other words it's your net amount after those tax deductions, once you start getting into more tax deductions, once you're earning more, you actually expect that the number will go higher than 250,000 dlrks, some exists are predicting the number is going to be upwards of $300,000. so if you're making up to 300,000 and below, there's a good chance none of these taxes are going to impact you. >>> a popular mexican-american singer is missing, she
>> just on the defense sector alone, you're looking at $55 billion in cuts just to the defense budget. you have to look at the ancillary part of this. you look at real estate holdings, homes that are have a close proximity to defense. >> final question for you, todd, a major confusion going on here, it's about this so-called $250,000 there are hold for house holds, does this mean that all of the first $250,000 that you make is taxed at a higher rate, or just the money above...
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Dec 10, 2012
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a challenge to the federal defense of marriage act. and also, california's proposition-8 and how's this for a backdrop? in washington state, thousands of gay couples got married on sunday. and the new year promises the same for those in maryland and maine when their new state laws take effect. right now, same-sex marriage is legal in nine states and washington, but it's either banned or not recognized in more than 30 states and just not recognized at all by federal law either. that's the defense of marriage act. a high court has been split on nearly every major decision. john roberts has also been a wild card on occasion, so as you can imagine, past opinions of these people have become a bit of a window perhaps to what future decisions may yield and this has critics and supporters of gay marriage on edge and waiting and that includes evan wils wilson, the director of freedom to marry or god father of the gay marriage movement. so, i hear people asking the question of either people who are before or against the issue of gay marriage. yo
a challenge to the federal defense of marriage act. and also, california's proposition-8 and how's this for a backdrop? in washington state, thousands of gay couples got married on sunday. and the new year promises the same for those in maryland and maine when their new state laws take effect. right now, same-sex marriage is legal in nine states and washington, but it's either banned or not recognized in more than 30 states and just not recognized at all by federal law either. that's the...
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syrian air defenses could bring down u.s. pilots if fighter jets are used. the regime could move its chemical weapons even minutes before an attack. and if the weapons start moving around, that poses another dire consideration. officials worry that terrorists could then move in and try to seize control of this deadly arsenal. barbara starr, cnn, the pentagon. >> thanks. >>> earlier i spoke with a reporter from amsterdam, and he talked about how marijuana affected that city. next, we're going to have a seattle city leader listen to what he said to us. and is his city ready for pot being legal? that's next. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> marijuana has gone legit. as of thursday recreational use is legal in washington state, and that
syrian air defenses could bring down u.s. pilots if fighter jets are used. the regime could move its chemical weapons even minutes before an attack. and if the weapons start moving around, that poses another dire consideration. officials worry that terrorists could then move in and try to seize control of this deadly arsenal. barbara starr, cnn, the pentagon. >> thanks. >>> earlier i spoke with a reporter from amsterdam, and he talked about how marijuana affected that city. next,...
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but the defense of marriage act is under review, will be under review by the high court. what we heard yesterday is probably not until march. at least they have agreed to hear it. that's hopeful. >> all right. 35 years together and married. congratulations. we appreciate your time. >>> some critics say the environmental protection agency should go away. we talk to the head lisa jackson. that interview is up next. >> we should regulate smartly and shouldn't be on pressive. we should be smart about it, but we shouldn't go away. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily
but the defense of marriage act is under review, will be under review by the high court. what we heard yesterday is probably not until march. at least they have agreed to hear it. that's hopeful. >> all right. 35 years together and married. congratulations. we appreciate your time. >>> some critics say the environmental protection agency should go away. we talk to the head lisa jackson. that interview is up next. >> we should regulate smartly and shouldn't be on pressive....
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defense secretary leon panetta issued a warning to syria today saying the united states will not stand by and watch the country cross a quote unquote red line. >> whole world is watching very closely. and the president of the united states has made very clear that there will be consequences. there will be consequences. if the assad regime makes a terrible mistake by using these chemical weapons. >> syria denies it is mobilizing chemical weapons in a civil war in which 40,000 people have lost theirs in 21 months. instead, they say they're trying to create fear and set for an attack. hillary clinton met with russia's foreign minister twice today in dublin. these are important meetings because russia is a syrian alley. but is it too late? national security contributor, fran townsend, is a member of the cia. cedrick layton member of the joipt staff. what are those consequences? is the u.s. going to passing the point of no return here? >> well, it is, look, the most recent information suggests they're preparing to be able to launch these warheads containing gas and other chemical weapons. t
defense secretary leon panetta issued a warning to syria today saying the united states will not stand by and watch the country cross a quote unquote red line. >> whole world is watching very closely. and the president of the united states has made very clear that there will be consequences. there will be consequences. if the assad regime makes a terrible mistake by using these chemical weapons. >> syria denies it is mobilizing chemical weapons in a civil war in which 40,000 people...
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defense secretary leon panetta responding today. after john mack cahfee is in cu, he was rushed to the hospital. and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people look
defense secretary leon panetta responding today. after john mack cahfee is in cu, he was rushed to the hospital. and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day...
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. >> kerry is also list as a potential defense secretary to replace leon panetta. it's a list that includes michelle flornoy. and former nebraska senator, chuck hagel, a republican, could represent a teach across the aisle. >> we are in a stronger position today as a country than we were in '08. >> reporter: treasury secretary tim geithner said he will stay at his post at least until inauguration. and the chief of staff is often named as a potential replacement. a poll asked if he thought president obama would pick good cabinet members. 58% said they thought he would. 42% said he would not. emily schmidt, cnn, washington. >> the u.s. military wants its people to be invisible, literally. and somebody will pocket a lot of money if they can come up with the camouflage of the future. and we're not talking about leaves and sticks here, and chris lawrence reports on one scientists that can make soldiers disappear. >> reporter: camouflage could mean the difference between a soldier getting shot and going home. so a lot is riding on the next generation designed to outfit t
. >> kerry is also list as a potential defense secretary to replace leon panetta. it's a list that includes michelle flornoy. and former nebraska senator, chuck hagel, a republican, could represent a teach across the aisle. >> we are in a stronger position today as a country than we were in '08. >> reporter: treasury secretary tim geithner said he will stay at his post at least until inauguration. and the chief of staff is often named as a potential replacement. a poll asked...
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will a defensive player ever win the heisman? >> either way, it would have been historic. freshman or first defensive player. >> right, is it for the mvp on offense in college football? >> if he doesn't win, who does? >> yeah, but he's exciting and only freshman and congratulations to johnny manziel. >> let's talk manny pacquiao found himself in unfamiliar territory on the mat in las vegas. an incredible fight. knocked out by mar qwest. with him as ring side though, another guy who knows about getting knocked out. >> yeah, he lost the biggest fight of his life in november. mitt romney was tr with his wife before the fight. before the fight, wished pacquiao well. after a furious fifth round, manuel was knocked down. it was kind of funny. according to reports, romney went up to pacquiao and said hello, manny, i ran for president, i lost. i don't think romney's loss left a mark. this one might for pacquiao who had a broken nose. loses his second straight fight. many are wondering if this is the end or if there's a rematch offering a fifth possible fight. >> so much build up t
will a defensive player ever win the heisman? >> either way, it would have been historic. freshman or first defensive player. >> right, is it for the mvp on offense in college football? >> if he doesn't win, who does? >> yeah, but he's exciting and only freshman and congratulations to johnny manziel. >> let's talk manny pacquiao found himself in unfamiliar territory on the mat in las vegas. an incredible fight. knocked out by mar qwest. with him as ring side...
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defense secretary pan etta just left here. he talked to reporters. we asked about syria, and secretary panetta for the first time speaking since the president's warning to syria. secretary panetta says in his words the latest intelligence that he has seen now raises serious concerns, he says, that bashir al assad in syria is considering using chemical weapons, so what is new from the secretary of defense is the first reference to the latest intelligence, highly classified, of course, that the administration is looking at that has led to some of these warnings from president obama and secretary of state hillary clinton. the question, of course, is what is the administration to do now? suzanne. >> how are people reacting to this news, the fact that you've got the defense secretary now what it seems to be getting closer to some of the statements we have seen about real concern over the possibility of these chemical weapons? >> yeah. i think that's exactly the point. secretary panetta going on to say, as others have, but saying it very emphatically just
defense secretary pan etta just left here. he talked to reporters. we asked about syria, and secretary panetta for the first time speaking since the president's warning to syria. secretary panetta says in his words the latest intelligence that he has seen now raises serious concerns, he says, that bashir al assad in syria is considering using chemical weapons, so what is new from the secretary of defense is the first reference to the latest intelligence, highly classified, of course, that the...
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can you get past syrian air defenses? are you sure that there are no civilians around? all of these very complicated questions. and you can bet nobody is looking for military action on this. all the efforts right now are to -- possibly through the russians are interest to try to get assad to pull back and not go down this road. >> such ominous signs for us, barbara. appreciate the update. >> sure. >> we'll be talking with ambassador nic burns about this a little later. first, let's get to zoraida sambolin with a look at the morning's news. >>> this is cairo outside the palace where protesters are starting to gather. tanks and armored vehicles are stationed there. clashes turned deadly yesterday into the afternoon after they unveiled their constitution, highest islamic authority is calling on president morsi to rescind his decree that granted himself sweep iing powers. >>> and second-degree murder, that is a charge against naeem davis, who reportedly push ed k suk han on to the tracks of a subway in new york. >> our family is grieving. we want to thank everyone who reach
can you get past syrian air defenses? are you sure that there are no civilians around? all of these very complicated questions. and you can bet nobody is looking for military action on this. all the efforts right now are to -- possibly through the russians are interest to try to get assad to pull back and not go down this road. >> such ominous signs for us, barbara. appreciate the update. >> sure. >> we'll be talking with ambassador nic burns about this a little later. first,...
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it's a move the defense secretary leon panetta is reiterating would be a red line for the united states. and it's a moment senator john mccain now claims may be the last warning washington gets. cnn's senior international correspondent arwa damon is inside syria right now where the fighting rages on. >> reporter: aleppo's old city has not seen such devastation since occupied by the mongol invaders eight centuries ago. this mosque for example dates back to 1315. this is syria's rich cultural heritage. and now everywhere we look it's been scarred by war. once bustling winding streets now a maze of ever-shifting front lines. overhead, the thundering of fighter jets. a small han lodging for caravans lies in ruins. for more than three millennia aleppo has been a cross roads for traders. we hurried through the courtyard of a traditional home. sheets are strung across streets to block snipers' line of sight. those who dare venture quickly across. a unit of fighters records people's names and license plates. only those who have shops here are allowed through. abu bashir says they're trying to c
it's a move the defense secretary leon panetta is reiterating would be a red line for the united states. and it's a moment senator john mccain now claims may be the last warning washington gets. cnn's senior international correspondent arwa damon is inside syria right now where the fighting rages on. >> reporter: aleppo's old city has not seen such devastation since occupied by the mongol invaders eight centuries ago. this mosque for example dates back to 1315. this is syria's rich...
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. >>> the united states and some of the allies in europe are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles according to a senior u.s. official and several senior diplomats. the training is taking place in turkey and jordan. we're told some of the contractors are on the ground in syria monitoring suspected chemical weapons sites. >> the north koreans are holding off launching a long range rocket, so far. earlier this not north korean government announced a 13-day window for possible launch. that window opens today. they're claiming it's a peaceful bid to advance the space program. the u.s. sees it as something more sinister and is threatening sanctions if this launch takes place. >> hugo chavez is heading back to cube yach to cuba. the venezuelan president naming his vice president as his choice to take over that country if surgery doesn't go so well. the 58-year-old chavez is scheduled to be sworn in for a new six-year term next month. >>> internet anti-virus pioneer john mcafee says he wants to go back to the united states, not back to b
. >>> the united states and some of the allies in europe are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles according to a senior u.s. official and several senior diplomats. the training is taking place in turkey and jordan. we're told some of the contractors are on the ground in syria monitoring suspected chemical weapons sites. >> the north koreans are holding off launching a long range rocket, so far. earlier this not north korean...
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her defense attorney wouldn't comment. she wrote i told my mom today was the best day of my life. she just thinks i met a new boy. instead, she met these boys. >> they didn't read me my mir randa rights. >> what led to her arrest were tips from people like her ex-husband. in the video, she brandishes a pipe she says is full of weed and complains that the government stole my baby and makes a cradling motion. she did lose custody of a child. she wore the same outfit -- and could send her down the tubes.
her defense attorney wouldn't comment. she wrote i told my mom today was the best day of my life. she just thinks i met a new boy. instead, she met these boys. >> they didn't read me my mir randa rights. >> what led to her arrest were tips from people like her ex-husband. in the video, she brandishes a pipe she says is full of weed and complains that the government stole my baby and makes a cradling motion. she did lose custody of a child. she wore the same outfit -- and could send...
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they will take the defense of marriage act case. they will decide that case, but when it comes to whether states have to do same-sex marriage, have to allow it, they will let the political process run its course. you know, we're seeing polls now, a recent gallop poll show 53%, highest ever, supports same-sex marriage. in the election last month four states voted in favor of same-sex marriage. 33 states in a row previously had voted against it, so the momentum is certainly with supporters of same-sex marriage, but where the court -- how the court responds to public opinion is a complicated and not always entirely predictable subject. >> when are we going to find out how the courts will get involved? >> they don't announce when they are issuing orders in an afternoon. it could be 2:00 eastern. it could be 3:00 eastern. that is generally the range in which we should fine out, so it could be 15 minutes away. it could be an hour or so. or they could put it off for another week. they don't have to announce it in advance when they're going
they will take the defense of marriage act case. they will decide that case, but when it comes to whether states have to do same-sex marriage, have to allow it, they will let the political process run its course. you know, we're seeing polls now, a recent gallop poll show 53%, highest ever, supports same-sex marriage. in the election last month four states voted in favor of same-sex marriage. 33 states in a row previously had voted against it, so the momentum is certainly with supporters of...
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defense official told barbara starr the u.s. navy has fully accounted for all unmanned vehicles operating in the middle east region. we have the latest developments now from cairo. a u.s. source says that if the iranians do have something, it is not an actively operating u.s. navy drone. what would that mean? could this actually be a fake? >> it could be. it's not clear right now, but iranian officials have a different story. we don't know when or how this u.s. drone was allegedly captured, but you can be sure iran is going to count this as a big intelligence victory over the u.s. you can also be sure they'll use this to portray the u.s. as the aggressor in the region. that's what iran has done for more than three decades. briefly, let's tell you about the reports from state media in iran. reports say iran captured a drone flying over the northern persian gulf waters after it allegedly flew into iranian airspace. this is a region close to iran's only nuclear power plant. a statement by iran's revolutionary guard said this happen
defense official told barbara starr the u.s. navy has fully accounted for all unmanned vehicles operating in the middle east region. we have the latest developments now from cairo. a u.s. source says that if the iranians do have something, it is not an actively operating u.s. navy drone. what would that mean? could this actually be a fake? >> it could be. it's not clear right now, but iranian officials have a different story. we don't know when or how this u.s. drone was allegedly...
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the first one about the defensive marriage act. windsor against the united states. they were married in toronto, canada, in 2007. spire died in 2007 in new york at a time when new york recognized same-sex marriages that were performed outside the state. she was required to pay $363,000 on federal estate taxes on her inheritance that she would not have had to pay that opposite marriages get. so, a pretty clean case here and even the obama administration has already said it doesn't think the constitutionality of the defensive marriage act can withstand a legal attack. the second case the court decided to take on is proposition 8, the california ballot initiative adding a state constitutional amendment in 2008 that said only marriage between a man or woman is valid or recognized in california. it overturned a court ruling that said same-sex couples have a right to marry. the cases are likely to be heard in march and decided some time in june. randi? >> joe johns, thank you very much. >>> so, the decisions handed down next year but as jeffrey toobin told anderson cooper
the first one about the defensive marriage act. windsor against the united states. they were married in toronto, canada, in 2007. spire died in 2007 in new york at a time when new york recognized same-sex marriages that were performed outside the state. she was required to pay $363,000 on federal estate taxes on her inheritance that she would not have had to pay that opposite marriages get. so, a pretty clean case here and even the obama administration has already said it doesn't think the...
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there are no fewer than ten cases arising from the federal defense marriage act. california's proposition 8. they made their way to the high court's doorstep. at least one -- at least one, is kind of likely to get on the docket. sooner rather than later. while we wait, the best person to talk about that is cnn's senior legal analyst jeffrey toobin who literally wrote the book, or a couple of them, on the supreme court. i was talking to you last friday. i was talking to you monday. you are back for another friday. are they going to make me wait again for another day? are or are we going to get something today? >> those that know don't tell and those that tell don't know. that's the rule with the supreme court. it seems likely we will hear if not today then very soon. also, we should hear that they are going to take the case. remember, two federal appeals courts have now declared the -- >> when you say the case -- >> the defense of marriage act. proposition 8 is a very separate matter. when a federal appeals court declares an act of congress unconstitutional the sup
there are no fewer than ten cases arising from the federal defense marriage act. california's proposition 8. they made their way to the high court's doorstep. at least one -- at least one, is kind of likely to get on the docket. sooner rather than later. while we wait, the best person to talk about that is cnn's senior legal analyst jeffrey toobin who literally wrote the book, or a couple of them, on the supreme court. i was talking to you last friday. i was talking to you monday. you are back...
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Dec 9, 2012
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well, this defense of marriage act is exactly what the defense of marriage act does. it denies same-sex marriage couples the rights for tax benefits, federal health benefits and the like. so if you're married to a man, you dent get the same right ifs you're a woman married to a man. that is gender discrimination, in my view, not sexual preference. >> and you've argued in front of the supreme court. >> i have. >> you said in 1990? >> 1990. >> nerve-racking? >> very nerve-racking. these issues are very important. the justices are very prepared. they're very intelligent. and there's a lot at stake. so this is going to be a very interesting argument. now we can actually listen to them online. >> having argued in front of the supreme court, how do you think they're going to rule? >> well, i think we have a fairly conservative court. but it's kind of divided 50/50. it's going to be a very close call. however, looking at the case precedent in the past and looking at what i think they have to do with this law, i think they're going to have to strike down the defense of marria
well, this defense of marriage act is exactly what the defense of marriage act does. it denies same-sex marriage couples the rights for tax benefits, federal health benefits and the like. so if you're married to a man, you dent get the same right ifs you're a woman married to a man. that is gender discrimination, in my view, not sexual preference. >> and you've argued in front of the supreme court. >> i have. >> you said in 1990? >> 1990. >> nerve-racking? >>...
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Dec 2, 2012
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i talked with criminal defense attorney holly hughes about the fact that dunn left the scene and allegedly never contacted police before his arrest. >> i can understand he's panicking, he thinks there is a gun. but what really disturbs me about this, not only does he leave the scene, he leaves the state. he goes back to his hotel room, he spends the night, he hears on the news that this young man has died, that there has been a fatality, from what he did, from the eight shots into an suv full of teenagers. and then he gets in his car and leaves the state. and his whole -- well, i needed an attorney. well, you can get an attorney on the phone. trust me. my clients call me all time of the day and night, okay? so what is disturbing to me is that he fled the state. i think he knows we got a guilty conscience going on. this was over music, don. music. he doesn't say these young men were out there harassing women, he doesn't say he saw them slinging dope, he says i thought their music was too loud. simple answer, roll up your window or back your car up three spots down and this man's family woul
i talked with criminal defense attorney holly hughes about the fact that dunn left the scene and allegedly never contacted police before his arrest. >> i can understand he's panicking, he thinks there is a gun. but what really disturbs me about this, not only does he leave the scene, he leaves the state. he goes back to his hotel room, he spends the night, he hears on the news that this young man has died, that there has been a fatality, from what he did, from the eight shots into an suv...
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Dec 4, 2012
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zimmerman says he shot the teenager in self-defense. george howell has been covering the case for us. so why is this picture coming out now? >> well, carol, look, it's a new image but not really new wp we have seen this image before. it was released in the first round of discovery as a black and white i am imagine, so not nearly as impressive. i think we even have a side by side where you can look at the difference here. you see george zimmerman here black and white, but when you look at that high resolution digital image, you can tell this is -- it's a powerful image. you can tell exactly how badly he was injured. you can tell that there was a fight. now, the thing that we're looking at here, we know his attorney pushed for that image initially. he wanted to get this high resolution digital image. first he got the black and white. then he got a color printout, but that's no comparison to what we're seeing here, and that's why the attorney says it's important to get it out. >> so there's been a lot of reaction to this photo. so give us
zimmerman says he shot the teenager in self-defense. george howell has been covering the case for us. so why is this picture coming out now? >> well, carol, look, it's a new image but not really new wp we have seen this image before. it was released in the first round of discovery as a black and white i am imagine, so not nearly as impressive. i think we even have a side by side where you can look at the difference here. you see george zimmerman here black and white, but when you look at...